Explain the role of (i) Committed, (ii) Sunk, (iii) Avoidable, and (iv) Opportunity costs in make-or-buy decisions? When the discontinuation of a product line, division, or department is being...

Explain the role of (i) Committed, (ii) Sunk, (iii) Avoidable, and (iv) Opportunity costs in make-or-buy decisions?

When the discontinuation of a product line, division, or department is being considered, what relevant data are useful in short-run situations?